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H.R. 3392, Lake Bistineau Land Title Stability Act (CBO Report for Congress)

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Congress 115th
Date Requested April 11, 2018
Requested By House Committee on Natural Resources
Date Sent June 13, 2018
Description:

H.R. 3392 would require the Secretary of the Interior to disclaim interest in roughly 230 acres of land and associated minerals near Lake Bistineau in northwest Louisiana. Based on an analysis of information provided by the Bureau of Land Management (BLM), the Energy Information Administration (EIA), the oil and gas industry, the State of Louisiana, and other interested parties, CBO estimates that enacting the bill would reduce offsetting receipts, which are treated as reductions in direct spending, by about $1 million over the 2019-2028 period.

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